Wall Street Journal – by Gregor Stuart Hunter
Chinese shares made their biggest daily gain in six years Thursday, restoring confidence in Beijing’s suite of attempts to rescue its struggling stock market.
The Shanghai Composite rose 5.8% to 3709.33, after losses in eight of the last 10 trading days. The smaller Shenzhen market rose 3.8%. Still, both indexes have lost around a third of their value in the past month. The small-cap ChiNext board, which has shed some 38% from its June highs, rose 3%. Continue reading “China Stocks Make Biggest Daily Gain in Six Years”

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